Lazard Equity Megatrends ETF (NASDAQ:THMZ) Sees Significant Increase in Short Interest

Lazard Equity Megatrends ETF (NASDAQ:THMZGet Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,433 shares, a growth of 144.5% from the August 15th total of 586 shares. Based on an average daily volume of 867 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of THMZ. Comerica Bank bought a new stake in shares of Lazard Equity Megatrends ETF during the 4th quarter worth about $40,000. Fifth Third Bancorp acquired a new stake in shares of Lazard Equity Megatrends ETF during the first quarter worth $58,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Lazard Equity Megatrends ETF in the 2nd quarter valued at approximately $101,000.

Lazard Equity Megatrends ETF Trading Down 1.1%

THMZ stock traded down $0.39 during trading on Monday, reaching $33.93. The stock had a trading volume of 607 shares, compared to its average volume of 4,048. Lazard Equity Megatrends ETF has a 1-year low of $28.18 and a 1-year high of $36.13. The firm has a fifty day moving average price of $34.17 and a 200 day moving average price of $32.78. The company has a market capitalization of $54.29 million, a P/E ratio of 31.61 and a beta of 1.10.

Lazard Equity Megatrends ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Stockholders of record on Thursday, June 18th were given a $0.0368 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Thursday, June 18th.

About Lazard Equity Megatrends ETF

(Get Free Report)

The Lazard Equity Megatrends ETF (THMZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investments in global companies of any market capitalization. The funds selection process aims to identify global megatrends and themes that are likely to shape the future. THMZ was launched on Apr 4, 2025 and is issued by Lazard.

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